2020-11-11T10:36:55-06:00 2019-12-31 SMITH & HOWARD PC 271 17TH STREET NW SUITE 1600 ATLANTA GA 30363 990 2019-01-01 541714316 CALL2RECYCLE INC % GREG BROE CALL 6784199990 1000 PARKWOOD CIRCLE STE 200 ATLANTA GA 303392306 GREG BROE VP, FINANCE & ADMIN 6784199990 2020-11-15 true MARC A AZAR P91739349 4048746244 2020-11-16 50.58.246.46 67983820203165000002 2020-11-11 P 80E6345643E9DC3586D84F9DE4C73A53D275C4A8 05CD7C3FB998B76F57D2EADAFD0AF96A7A93E6CB 2019 2022-01-07 14:23:13Z GREG BROE 1000 PARKWOOD CIRCLE STE 200 ATLANTA GA 303392306 13244366 false X WWW.CALL2RECYCLE.ORG X 1994 DE On behalf of corporate stewards, we optimize collection, share our experience and expertise, and responsibly manage the end-of-life of batteries and other material. 9 5 26 556594 -34144 0 0 16074133 11415231 838406 1096017 142657 376521 17055196 12887769 0 0 0 0 3612303 3326329 0 0 0 11801748 11209348 15414051 14535677 1641145 -1647908 26451973 27098336 7898463 2883020 18553510 24215316 ON BEHALF OF CORPORATE STEWARDS, WE OPTIMIZE BATTERY COLLECTIONS, SHARE OUR EXPERIENCE AND EXPERTISE, AND RESPONSIBLY MANAGE THE END-OF-LIFE OF BATTERIES AND OTHER MATERIAL. false false 562000 10762205 9686763 Battery collection and recycling program for household and commercially used batteries. Represents the cost of freight and fulfillment, collection containers, consolidation, sorting and recycling. 562000 1676719 1509168 Call2Recycle, Inc. conducts a national public education campaign to generate awareness and enlist support of the Call2Recycle program that includes public service announcements and national advertising. Call2Recycle, Inc. encourages consumers to look for the EPA certified Call2Recycle, Inc. battery recycling seal when purchasing batteries and battery-powered products. 562000 243647 219300 The organization facilitates battery and product marketers' compliance with the requirements of state and federal laws for labeling, collection, storage, transportation and recycling of batteries. 12682571 false false false false false false false false false true true false false true true false true false false true false false false false false false false false true false false false false false true false false false false false false false false false false true 6 0 true 26 true true true true CA false false false false false false false false false false X 9 5 false false false false true true true true false false false true true true true false true true false false GA X GREG BROE 6784199995 1000 PARKWOOD CIRCLE SUITE 200 ATLANTA GA 303392306 X Carl Smith President/CEO 40.0 0.0 X 350702 0 60813 Linda Homell Gabor VP Marketing & Customer Servic 40.0 0.0 X 260640 0 26554 Timothy Michaels Managing Director, Operations 40.0 0.0 X 224048 0 55495 Greg Broe VP of Finance 40.0 0.0 X 223888 0 55647 Todd Ellis Director, Stewardship Pgms. 40.0 0.0 X 194667 0 47333 Eric Dennis Director, Marketing and Innova 40.0 0.0 X 171199 0 46345 David Ainsley IT Director 40.0 0.0 X 162928 0 46128 Eric Frederickson Director of Operations 40.0 0.0 X 141906 0 45155 Ashley Modak Director of Finance 40.0 0.0 X 135221 0 20954 Roger Dower Board Member 1.0 0.0 X 22500 0 0 John Bradford Board Member 1.0 0.0 X 22500 0 0 John Matthews Board Member 1.0 0.0 X 22500 0 0 Susan Repo Board Member 1.0 0.0 X 22500 0 0 Charlie Monahan del Panasonic) Board Member 1.0 0.0 X 0 0 0 Chip Wildes del of S Share Member 1.0 0.0 X 0 0 0 Andy Sirjord del of Board Member 1.0 0.0 X 0 0 0 Doug Smith del of So Board Member 1.0 0.0 X 0 0 0 James Bremner del of Share Member 1.0 0.0 X 0 0 0 David Thompson del o Panasonic) Share Member 1.0 0.0 X 0 0 0 David Cox del of Saf Share Member 1.0 0.0 X 0 0 0 Tim Brison del of SO Share Member 1.0 0.0 X 0 0 0 Marc Boolish del Of Energizer) Board Member 1.0 0.0 X 0 0 0 Richard Abramowitz de Duracell) Board Member 1.0 0.0 X 0 0 0 Keiko Yokoyama DEL OF share member 1.0 0.0 X 0 0 0 Steve Wicelinski del Share Member 1.0 0.0 X 0 0 0 1955199 0 404424 9 false true false United Parcel Service PO Box 7247 PHILADELPHIA PA 19170 Freight 1952395 Addian Inc 1608 Grandwood Knoll ACWORTH GA 30101 Fulfillment 4881071 Wistron greentechtexas Corp 4955 STEUBENVILLE PIKE STE 405 PITTSBURGH PA 15205 PROCESSING 615196 BATTERY SOLUTIONS 5900 BRIGHTON PINES COURT HOWELL MI 48843 PROCESSING & SORTING 1828847 CH Robinson 14701 Charlson Road EDEN PRAIRIE MN 55347 Freight 583139 19 0 FEES 900099 9074466 8517872 556594 CELL PHONES PROCEEDS 423000 261539 261539 SHARED SERVICE REVENUE 900099 1245905 1245905 RECOVERED METAL PROCEEDS 900099 833321 833321 11415231 820699 820699 0 0 0 0 0 631915 356597 275318 275318 275318 0 0 0 0 0 0 0 0 0 OTHER INCOME 376521 376521 376521 12887769 11235158 556594 1096017 0 0 0 0 1355729 984089 371640 0 1288592 834405 454187 101765 65896 35869 406713 263360 143353 173530 112366 61164 0 105877 105877 27974 27974 0 0 69843 69843 564856 235431 329425 712902 708348 4554 200599 87847 112752 203710 190176 13534 0 362465 272210 90255 169201 156372 12829 0 0 0 0 19850 19850 70249 70249 COLLECTION AND RECYCLING 8701822 8701822 14535677 12682571 1853106 0 X 310592 875043 0 0 0 0 5466993 6917277 0 0 0 0 0 0 0 0 237276 1110623 994069 979336 18270 14733 17037092 15861955 2929403 2318705 0 0 0 0 452347 0 26451973 27098336 2062270 2763200 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5836193 119820 7898463 2883020 X 18553510 24215316 0 0 18553510 24215316 26451973 27098336 X -1647908 1472179 5836193 1342 X false true X true false 994069 979336 14733 14733 HEDGE FUND INVESTMENTS 2318705 F 2318705 0 DUE TO AFFILIATE 119820 119820 X Part X, Line 2 Call2Recycle, Inc. is exempt from federal income tax under Section 501(c)(4) of the Internal Revenue Code. CSI uses the liability method to account for income taxes whereby deferred tax asset and liability account balances are determined based on difference between the financial reporting and taxes bases of assets and liabilities and are measured using the enacted rates and laws that will be in effect when the differences are expected to reverse. CSI has total net operating loss carryforwards for federal income tax purposes of approximately $6,000. CSI has determined that is more likely than not that no portion of the net operating loss carryforward will be utilized, and accordingly, has provided a 100% valuation allowance on the deferred tax asset. The Company annually evaluates all federal and state income tax positions. This process includes an analysis of whether these income tax positions the Company takes meet the definition of an uncertain tax position under the Income Taxes Topic of the Financial Accounting Standards Codification. The Company believes it is no longer subject to tax examinations for tax years ending before December 31, 2016. North America 1 Program Services BATTERY COLLECTION 1 1 false false false false false false X X X X false false false false false false false true false Carl Smith President/CEO 302276 48426 24618 38215 413535 Greg Broe VP of Finance 193488 30400 19296 38456 281640 Linda Homell Gabor VP Marketing & Customer Servic 218640 42000 14000 14477 289117 Timothy Michaels Managing Director, Operations 186048 38000 19300 38090 281438 David Ainsley IT Director 144072 18856 9777 38203 210908 Todd Ellis Director, Stewardship Pgms. 168267 26400 11138 37827 243632 Eric Dennis Director, Marketing and Innova 152349 18850 10150 37827 219176 Eric Frederickson Director of Operations 123506 18400 8960 37893 188759 Ashley Modak Director of Finance 117221 18000 8400 14106 157727 Non-fixed Payments Bonuses are provided to certain employees based on individual performance and corporate goals with a maximum of 20% of total base salary. Officer and CEO's bonus is also based on individual and corporate performance goals with a maximum of 20% of total base salary, respectively. See Schedule O Part VI, Line 15A for more details on CEO Bonus determination. CEO Compensation See Schedule O Part VI #15A for more detail. CHARLIE MONAHAN DEL OF PANASONIC BOARD MEMBER / COMPANY LICENSE AND SERVICE FEES DOUG SMITH DEL OF SONY BOARD MEMBER / COMPANY LICENSE AND SERVICE FEES JAMES BREMNER DEL OF VARTA SHARE MEMBER / COMPANY LICENSE AND SERVICE FEES MARCUS BOOLISH DEL OF ENERGIZER BOARD MEMBER / COMPANY LICENSE AND SERVICE FEES DAVID THOMPSON DEL OF PANASONIC SHARE MEMBER / COMPANY LICENSE AND SERVICE FEES DAVID COX DEL OF SAFT SHARE MEMBER / COMPANY LICENSE AND SERVICE FEES TIM BRISON DEL OF SONY SHARE MEMBER / COMPANY LICENSE AND SERVICE FEES CHIP WILDES DEL OF SAFT BOARD MEMBER / COMPANY LICENSE AND SERVICE FEES Richard Abramowitz del of duracell BOARD MEMBER / COMPANY LICENSE AND SERVICE FEES TOTAL LICENSE FEE PAYMENT TO C2R DETAIL AVAILABLE UPON REQUEST TOTAL SERVICE FEE PAYMENT TO C2R 662596 DETAIL AVAILABLE UPON REQUEST Schedule L Part IV Call2Recycle, Inc. enters into a license agreement with each of its participating manufacturers. The Call2Recycle, Inc. fees are computed on the basis of volume, sold into the market. The Call2Recycle, Inc. fee arrangement is identical for each participating manufacturer (both members and nonmembers) and Call2Recycle, Inc. does not discriminate against or favor any manufacturer over another, including its member manufacturers, either in form or in practice. The annual amount of a manufacturer's license fee reflects that manufacturer's annual sales of the underlying batteries. Since the manufacturers generally prefer to keep that information confidential, the Call2Recycle, Inc. license agreements include a confidentiality provision. For this reason, Call2Recycle, Inc. has not provided the "amount of transaction" in Column (c), Part IV, of Schedule L, Transactions with interested persons". Rather, Call2Recycle, Inc. has reported the total amount of the recycling fees that it received from its members in the aggregate. If the Internal Revenue Service determines that Call2Recycle, Inc.'s disclosure is not sufficient, however, Call2Recycle, Inc. will provide the information to the IRS upon request. Part VI #6, 7a, & 7b Call2Recycle, Inc. is a members organization. Current members of the organization are Energizer, Panasonic, Saft, Sony, and Varta. These members each appoint one individual to the board of directors. Per the By-laws, certain decisions of the board require a vote by all directors. Decisions on certain matters require a vote by the members. Part VI #11 The Call2Recycle, Inc. finance committee reviews Form 990 draft. The approved copy is then submitted and sent to all other voting members and then submitted to the IRS. Part VI #12c Process of monitoring and enforcing conflict of interest policy 1. Procedures A. Duty to disclose - In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of the committees with board of directors delegated powers considering the proposed transaction or arrangement. B. Determining whether a conflict of interest exists - after disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the board of directors or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. C. Procedures for addressing the conflict of interest I. An interested person may make a presentation at the board of directors or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. II. The chairperson of the board of directors or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. III. After exercising due diligence, the board of directors or committee shall determine whether the Corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. IV. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the board of directors or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the corporation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. Part VI #15a The process for determining the CEO's salary is based on pre-established criteria and on the recommendations of the compensation committee as to whether the criteria is met. CEO compensation is based on research, by the board compensation committee, salaries paid by comparable organizations to officers with comparable responsibilities, based on analysis of form 990S and other resources. Up to 20% of compensation is awardable as a bonus based on criteria established annually. For 2019 those criteria include: 1. Provide the strategy, orientation and plan for organization, given the long term financial viability in the existing battery market place, and the interest of the battery stewards. 2. Create organizational structure, ownership, governance and business model that will allow the organization to flourish in its market. Part VI #19 Governing documents and financial statements are available upon request. Part XI, Line 8 Effective January 1, 2019, Under ASU 2014-09 the Company changed in accounting policy related to the revenue recognition of fees from licensees. As a result of the change in accounting policy, the Company restated the opening net asset balance at January 1, 2018. The impact of the restatement was a prior period adjustment of $ 5,836,193. Part XI, Line 9 Prior Period Adjustment for C-Corp Subsidiary Income consolidated for audit purposes.